4217 Riverside Dr Lorain, OH 44055
Estimated payment $960/month
Highlights
- No HOA
- Central Air
- 1-Story Property
- 1 Car Detached Garage
- Heating System Uses Gas
About This Home
Add a cash-flowing asset to your portfolio with this occupied 3-bedroom, 1-bath ranch in Lorain. The property is currently rented for $1,355 per month with a long-term tenant in place and a lease secured through October 2027, providing immediate and reliable rental income. The home features a functional layout with a spacious living room and eat-in kitchen. Outside, a patio overlooks the large backyard, offering added appeal for tenants. Conveniently located near Helen Steiner Rice Elementary School and just minutes from Homewood Park, Days Dam Waterfall, and the Black River Reservation, the property offers easy access to outdoor recreation, walking trails, and green space. Nearby shopping, dining, and major roadways further enhance its desirability for tenants. Whether you're looking to expand your rental portfolio or acquire a property with established income, this investment opportunity offers stable cash flow and long-term income potential.
Listing Agent
Cleveland Property Management Group, LLC. Brokerage Email: rbaniya@clevelandpropertymanagement.com, 440-901-7145 License #2019007609 Listed on: 06/07/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,873
Year Built
- Built in 1956
Lot Details
- 6,534 Sq Ft Lot
Parking
- 1 Car Detached Garage
Home Design
- Asbestos Shingle Roof
- Fiberglass Roof
- Asphalt Roof
- Aluminum Siding
Interior Spaces
- 1,024 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Utilities
- Central Air
- Heating System Uses Gas
Community Details
- No Home Owners Association
- Homewood Subdivision
Listing and Financial Details
- Assessor Parcel Number 03-00-079-126-025
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,294 | $32,221 | $10,563 | $21,658 |
| 2023 | $1,214 | $22,988 | $6,325 | $16,664 |
| 2022 | $1,173 | $22,988 | $6,325 | $16,664 |
| 2021 | $1,173 | $22,988 | $6,325 | $16,664 |
| 2020 | $1,088 | $18,510 | $5,090 | $13,420 |
| 2019 | $1,082 | $18,510 | $5,090 | $13,420 |
| 2018 | $1,082 | $18,510 | $5,090 | $13,420 |
| 2017 | $1,189 | $19,180 | $6,450 | $12,730 |
| 2016 | $1,180 | $19,180 | $6,450 | $12,730 |
| 2015 | $1,113 | $19,180 | $6,450 | $12,730 |
| 2014 | $1,695 | $18,350 | $6,170 | $12,180 |
| 2013 | $1,054 | $18,350 | $6,170 | $12,180 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/07/2026 06/07/26 | For Sale | $133,500 | +40.5% | $130 / Sq Ft | |
| 08/26/2022 08/26/22 | Sold | $95,000 | -4.9% | $93 / Sq Ft | View Prior Sale |
| 07/13/2022 07/13/22 | Pending | -- | -- | -- | |
| 07/08/2022 07/08/22 | For Sale | $99,900 | -- | $98 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Warranty Deed | -- | Ohio Real Title | |
| Deed | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $57,000 | New Conventional |
Source: MLS Now
MLS Number: 5217023
APN: 03-00-079-126-025
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